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    China

    News about the NFC market in China — trials, pilots, tests and live services.

    Muji to accept Alipay in Chinese stores

    November 23rd, 2016

    Retail giant Muji is to accept Alipay mobile payments in nearly 200 stores in mainland China. “At the same time, the two parties will connect their membership systems,” China Tech News reports. “Once consumers complete payments with Alipay in Muji stores, they can gain Muji’s membership card and realise automatic points accumulation.”

    Apple Pay adds banks in Australia, China, Russia and the US

    November 16th, 2016

    Apple has updated its list of Apple Pay-supporting financial institutions in Australia, China, Russia and the US. “The additions include nine new banks and credit unions in China, four in Russia and over 30 in Australia,” 9to5mac reports. “Apple has added 28 new banks and credit unions in the US, too.” Apple gained the support of the Australian banks through a deal with banking services provider Cuscal earlier this month.

    China’s mobile commerce lead over US revealed in IAB report

    November 11th, 2016

    China is leading the US when it comes to mobile commerce, with nearly twice as many Chinese consumers making a mobile purchase over the previous 12 months than their American counterparts, a study by the… More

    PayPal launches Siri payment requests in 30 countries

    November 10th, 2016

    PayPal has enabled money transfers via Apple’s Siri voice command function, enabling users with iOS10 devices to make payments by speaking requests. The function will be available in 30 countries. “PayPal users can now send… More

    Half of global banking customers use fintech services, but trust remains low

    November 4th, 2016

    Half of banking customers around the world are using the products or services of at least one fintech firm, according to the first World FinTech Report (WFTR) from Capgemini and LinkedIn, but customer trust in… More

    PBoC reports on China mobile payments market

    October 28th, 2016

    The number of mobile payments made in China have grown 10% year on year since 2013, according to the People’s Bank of China (PBoC). Its data shows that, during the second quarter of 2016, banks handled 32.32bn electronic payment transactions worth 570.95tn yuan (US$84.2tn), including 6.14bn mobile payment transactions worth 29.32tn yuan (US$900bn). Meanwhile non-bank payment institutions handled 37.71bn online payment transactions worth 23.35tn yuan (US$3.4tn), up 111% year on year.

    Alipay targets 2bn global users

    October 25th, 2016

    Chinese mobile payments giant Alipay is targeting 2bn users globally in the next decade, the company’s Douglas Feagin has revealed at Money20/20 in Las Vegas. “Our goal is to expand our business from 450m users in China to over 2bn worldwide over the next decade,” Feagin says. “We want to achieve over one million merchants outside of China over the next several years.” Alipay is expanding its presence in US and European retail stores via a deal with POS maker Verifone. A similar deal with First Data has also been unveiled, allowing Chinese consumers to shop at select locations in California and New York from next month.

    Alipay gains acceptance in US and Europe

    October 24th, 2016

    Chinese mobile payments giant Alipay is expanding its presence in US and European retail stores via a deal with POS maker Verifone. The move will see the Alipay App available on Verifone e355 mobile point-of-sale terminals so that retailers equipped with the mPOS device can accept mobile payments from Chinese Alipay users. “The goal is to enable our customers to walk into a store while traveling abroad and pay for purchases with the Alipay App — just like they do here in China,” says Douglas Feagin, SVP of Ant Financial Services Group and Head of Alipay International.

    Gemalto and Alibaba to secure IoT market in China

    October 18th, 2016

    PARTNER NEWS: Digital security giant Gemalto is to provide connectivity and security to Alibaba’s YunOS internet of things (IoT) operating system which is “widely integrated” into mobile devices, and chips and sensors in connected cars and… More

    Zapper enables Alipay in the UK

    October 13th, 2016

    Chinese visitors to the UK can now use Alipay at any retailer accepting mobile payments platform Zapper. “This partnership will allow over 250,000 Chinese tourists in the UK to pay using the Alipay app in over 1,000 locations nationwide,” Zapper says. “With Zapper’s smart QR technology enabled to take payments from the Alipay app, 11.7m Chinese tourists visiting Europe each year will be able to conveniently pay using Alipay at any venue also accepting Zapper.”

    NXP sees soar in activation rates for NFC transit in China

    October 12th, 2016

    PARTNER NEWS: Activation rates for the NFC mobile transit solution introduced by NXP and handset manufacturer Xiaomi in China have grown more than 15% in Shanghai and over 20% in Shenzhen since services on the Mi… More

    Lenovo launches NFC transport payments in Beijing

    September 20th, 2016

    Commuters in Beijing can now use Lenovo X3 smartphones to make NFC mobile payments across public transportation services. The option has been launched by the handset maker in collaboration with Oberthur Technologies (OT) and transportation… More

    Xiaomi launches Mi Pay NFC mobile payments

    September 1st, 2016

    Chinese handset maker Xiaomi has launched its Mi Pay NFC-based mobile payments service in its domestic market. More

    Huawei Pay goes live in China

    September 1st, 2016

    Handset maker Huawei has announced the launch of its Huawei Pay NFC-based mobile payment service in China, in collaboration with bankcard association China UnionPay and support from 25 of the country’s banks. The service makes use… More

    Xiaomi to launch Mi Pay on 1 September

    August 31st, 2016

    Chinese handset maker Xiaomi will launch its Mi Pay NFC-based mobile payment service on 1 September, in collaboration with bankcard association China UnionPay. “It can be linked to credit cards and debit cards from 10 banks,” China Daily reports. “With Mi Pay, consumers can also use smartphones as transportation cards.” Xiaomi unveiled Mi Pay earlier this month, after reports emerged in April that the company was working with China UnionPay.

    IHG to accept Alipay in hotels worldwide

    August 25th, 2016

    Chinese tourists visiting hotels belonging to InterContinental Hotels Group (IHG) will be able to settle their bill using Alipay in locations across the globe from 2017. “The new partnership, which has been agreed by Alipay’s parent company Ant Financial, will initially apply to IHG’s existing estate of more than 270 hotels in Greater China, as well as a number of hotels around the world that participate in IHG’s China Ready Programme,” Ant Financial says.

    Xiaomi unveils Mi Pay NFC mobile payments in China

    August 17th, 2016

    Chinese smartphone maker Xiaomi has unveiled Mi Pay, an NFC-based mobile payment service expected to be made available on the Xiaomi Mi 5 handset with support from a number of the country’s banks. More

    Alibaba developing VR mobile payments

    August 11th, 2016

    Chinese internet giant Alibaba is developing virtual reality-enabled mobile payment technology, according to China Daily. The company is working on a project that would “allow users to pay bills in a 3D virtual world by nodding their heads or making other gestures to log in payment accounts,” the publication reports. No official release date has been given, though an Alibaba employee has been quoted saying September is a possibility.

    Mastercard planning to become a PSP in China

    July 25th, 2016

    Mastercard is planning to apply to become a payment service provider (PSP) in China this year but is still deciding whether to do so alone or with a partner, according to Reuters. “China in June allowed foreign payment card companies to operate in the country under new rules,” the publication reports. “Under the rules, China’s national security and cyber security standards must be met. Applicants must also hold 1 billion yuan (US$150m) in registered capital in a local company.”

    PBOC working to regulate QR code mobile payments in China

    July 25th, 2016

    People’s Bank of China (PBOC) is working to create a system for regulating QR code mobile payments in the country, after it suspended QR code-based services run by third-party payment providers in March 2014. “Payment providers including Alipay and Tenpay, along with a number of commercial banks, have continued marketing their QR code payment services,” Caixin reports. “A source close to the central bank said that the 2014 ban was put in place because there were no rules or standards for third party QR code payment services.” PBOC also moved to open up Chinese mobile payment services in August 2015.

    Full list of NFC trials, pilots, tests and live services around the world...

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